John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Update

John Wood Group PLC (OTCMKTS:WDGJF) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 206,300 shares, a drop of 37.7% from the February 28th total of 331,000 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is currently 29.5 days.

John Wood Group Stock Performance

Shares of WDGJF opened at $0.50 on Friday. The company’s 50-day moving average price is $0.63 and its 200 day moving average price is $1.00. John Wood Group has a 12-month low of $0.31 and a 12-month high of $2.69.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.